With the contribution margin income statement, variable costs are deducted firs

May 8th, 2015
DreamIt
Category:
Accounting
Price: $10 USD

Question description

 With the contribution margin income statement, variable costs are deducted first to determine what's left over to pay fixed costs. If the costs are fixed, shouldn't we be ensuring that we are making enough to cover those costs first before we concern ourselves with the variable costs?

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